News

Offering of Senior Notes of SITEL, LLC and SITEL Finance Corp.

Nashville, Tenn. — March 5, 2010 — Sitel announced today that its wholly owned subsidiaries, SITEL, LLC and SITEL Finance Corp., intend to offer $300 million in aggregate principal amount of new senior notes due 2018 (the “Notes”).  Net proceeds from the offering are anticipated to be used to repay a portion of the indebtedness outstanding under an existing senior secured credit facility, as well as to pay fees and expenses related to these transactions. The exact terms and timing of the refinancing will depend upon market conditions and other factors.

SITEL, LLC and SITEL Finance Corp. only plan to offer the Notes to qualified institutional buyers pursuant to Rule 144A under the United States Securities Act of 1933, as amended (“Securities Act”) and to non-US persons pursuant to Regulation S under the Securities Act.

The Notes and the guarantees thereof have not been registered under the Securities Act or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Cautionary Statement Concerning Forward-Looking Statements
Statements in this press release that are not statements of historical fact are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding the proposed offering of Notes and the anticipated use of proceeds therefrom. These forward-looking statements are made only as of the date of this press release and are based on SITEL Worldwide’s current intent, beliefs, plans and expectations. They involve risks and uncertainties that could cause actual future results, performance or developments to differ materially from those described in or implied by such forward-looking statements. These risks and uncertainties include market conditions and other factors which may impact issuance of the notes.  SITEL Worldwide undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, other than as required by law.